Orc Software introduces Orc Spreader for low-latency futures spread trading

Orc Software introduces Orc Spreader for low-latency futures spread trading

Stockholm, New York, London & Hong Kong, Tuesday, May 19, 2009 - Orc Software
(SSE: ORC), the leading global provider of technology for advanced trading and
connectivity solutions, announces the Orc Spreader product for ultra-low
latency, high-frequency futures spreading.

Orc Spreader is a server-based, futures spreading product designed for low
latency and high frequency futures spread traders. It leverages the advanced Orc
Trading platform to provide an out-of-the-box product that customers can use to
meet challenging futures spreading needs. Orc Spreader grew from close
collaboration between Orc and sophisticated futures spread traders in 2008.
Since this time, Orc Spreader has evolved into a full-featured spread trading
tool for the most advanced futures spread traders. Orc Spreader works with all
of Orc's market connections.

Chris Snyder, Head of Trading at Fox Trading in Chicago notes, “Orc's futures
spread trading solution has proven faster than other products we have tried. We
are able to capture opportunities that we once lost and mitigate our risk in
fast moving markets.”

“Orc Spreader gives traders a unique tool for low-latency spread trading,” says
Joacim Wiklander, VP of Product Management at Orc Software. “Over the past year,
we have worked extensively with the most latency sensitive traders to deploy a
tool for advanced futures spreading. Futures traders are now able to reduce
their hung trades and be more successful with the quickly deployable Orc
Spreader.”

Orc Trading is used by leading financial firms worldwide for enhanced trading of
electronically traded instruments. Orc trading solutions provides a competitive
edge to trade from a single platform, on any listed instrument, across all asset
classes, on 100+ markets.

Orc Spreader, a product within the Orc Trading for Arbitrage solution suite,
leverages Orc's multi-threaded, server-based algorithmic trading engine. It
includes built-in futures spread trading logic designed for futures spread
traders. Orc Spreader is used by latency sensitive futures spread traders
looking to gain trading advantage by reducing hung trades and scaling easily
with their growing business.

Learn more about Orc Spreader by visiting www.orcsoftware.com and viewing one of
our webinars. The next live webinar, on Orc Futures Spreading in EMEA
(Europe/Middle East/Africa), will take place on May 20. To register, please
visit: https://orcsoft.webex.com/orcsoft/onstage/g.php?t=a&d=552073281

About Orc Software
Orc Software (SSE: ORC) is the leading global provider of powerful solutions for
the worldwide financial industry in the critical areas of advanced trading and
low latency connectivity. Orc's competitive edge lies in its depth of knowledge
of the trading world gained by deploying advanced solutions for sophisticated
traders for over 20 years.

Orc Trading and Orc Connect provide the tools for making the best trading and
connectivity decisions with strong analytics, unmatched market access, powerful
automated trading functionality, high performance trading capabilities,
ultra-low latency, and risk management.

Orc's customers include leading banks, trading and market-making firms,
exchanges, brokerage houses, institutional investors and hedge funds.

Orc provides sales, quality support services and development from its offices
across EMEA, Americas and Asia Pacific.
www.orcsoftware.com

For further information:
Barry Vasudevan, Marketing Director - Americas, Orc Software, +1 212 351 7624,
barry.vasudevan@orcsoftware.com
Christine Blinke, Marketing Director - EMEA & Investor Relations, Orc Software,
+46 8 506 477 00 christine.blinke@orcsoftware.com
Agnes Wong, Senior Marketing Manager - APAC, Orc Software, +852 2167 1950,
agnes.wong@orcsoftware.com